Funding The Boring Company Raised $3 Billion. Its Automation Thesis Is 'Zero People in the Tunnel.' A UAE-led Series D values the tunnelling company at $23 billion and is earmarked partly for Prufrock R&D. The construction-technology story is not the cheque — it is a machine the company says can be operated remotely from Texas, against a target of a mile a week at under $5M a mile. Hugo Pegley · Sep 16, 2026
M&A Nemetschek Acquires HCSS, and the Construction Software Map Gets Redrawn The Munich-based software giant's acquisition of HCSS — the Texas company whose HeavyBid and HeavyJob tools run estimating and project management for thousands of heavy civil contractors — is the largest contech deal of spring 2026. It also changes the competitive landscape in ways that won't become clear for at least 18 months. Hugo Pegley · Jun 12, 2026
